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Sarah Mitchell

CNESRESABR

Compass Real Estate · Richardton, ND

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Richardton, ND(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Richardton, ND Housing Market & Real Estate

Leaning buyer's+97.6% YoY

Housing market overview · Updated monthly ·

$164,900median sale price

How is the Richardton, ND housing market right now?

The median home sale price in Richardton, ND is $164,900, up 97.6% year-over-year. Homes sell in an average of 57 days with 3 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Richardton a buyer's or seller's market?

Leaning buyer's3.0 months of supply57 avg. days on market

Richardton, ND is currently a leaning buyer's, based on 3.0 months of supply and homes selling in about 57 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

57

Average pace

Active listings

3

3.0 months supply

Sale-to-list

95.4%

Below asking

What does the Richardton housing market data show?

Current housing market statistics for Richardton, ND
MetricValue
Median sale price$164,900
Median list price$165,000
Year-over-year price change+97.6%
Average days on market57 days
Active inventory3 listings
Months of supply3.0 months
Sale-to-list price ratio95.4%
Median price per sq ft$93/sq ft
Homes sold (latest month)1
New listings (latest month)1
Listings with a price cut66.7%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Richardton by property type?

How the Richardton, ND market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Richardton, ND
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$164,900$93/sq ft157 days

Source: Redfin · Updated monthly

The Richardton housing market is currently classified as a leaning buyer's with a median sale price of $164,900. Prices have risen 97.6% compared to last year, with homes spending an average of 57 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.

Homes for sale in Richardton

There are currently 3 homes listed for sale in Richardton, North Dakota. The median listing price is $165K.

Active listings

3

Homes on market

Median list price

$165K

Avg. days on market

57

Days until sale

New this week

1

Newly listed

Price drops:66.7%of listings
Sale-to-list:95.4%

Who lives in Richardton?

Population

761

Median income

$69,844/yr

Median age

38.9 years

Owner-occupied

86.5%

College grads

22.2%

Avg commute

19.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Richardton?

Zillow home value

$256,578

Price-to-income

3.7x

Source: Zillow Research

What is it like to live in Richardton?

Richardton is a community of approximately 1K residents with a median age of 38.9 years.The median household income is $69,844, which represents a working-class community with solid middle-income opportunities. 22.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 86.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Richardton offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Richardton?

2 schools tracked · 191 students

The largest public schools serving Richardton, ND by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

RICHARDTON-TAYLOR HIGH SCHOOL

Grades 7-12 · 140 students

Charter

RICHARDTON-TAYLOR ELEMENTARY SCHOOL

Grades 5-6 · 51 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Richardton, ND?

Want a head-to-head view? Compare Richardton side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Richardton?

The median home sale price in Richardton is $164,900, up 97.6% from last year.

How long do homes stay on market in Richardton?

Homes typically spend 57 days on market before going under contract.

What is the median income in Richardton?

The median household income is $69,844 per year.

Is Richardton a buyer's or seller's market?

With 3.0 months of supply, Richardton is currently a leaning buyer's.

What is the Zillow home value estimate for Richardton?

The Zillow Home Value Index (ZHVI) for Richardton is $256,578, representing the typical home value in the area.

How much does a single-family home cost in Richardton?

The median single-family home price in Richardton, ND is $164,900 (about $93 per square foot).

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